Problem 2-3A You are provided with the following information for Sunland Company, effective as of its April 30, 2017, year-end Accounts payable Accounts receivable Accumulated depreciation-equipment Cash Common stock Cost of goods sold Depreciation expense Dividends Equipment Income tax expense Income taxes payable Insurance expense Interest expense Inventory Land Mortgage payable Notes payable Prepaid insurance Retained earnings (beginning) Salaries and wages expense Salaries and wages payable Sales revenue Stock investments (short-term) $ 899 965 670 1,425 1,365 1,125 270 390 2,575 230 200 275 465 1,122 3,255 3,655 216 125 1,600 635 287 5,255 1,290